Betashares Wealthbuilder Aus200 Geared Complex ETF (G200) Review & Analysis

MER Β· Top 50%AUM Β· #365 of 5081Y Return Β· #263 of 426
What's new this monthData to 30 September 2026
  • βˆ’3.7% in September (total return), behind the median Australian shares ETF at βˆ’2.1%.
  • Investors added a net $1.6m (4.4% of the fund).
  • The unit price closed the month at $31.16, 7% below its 12-month high (range $28.07 to $33.43).

About G200

G200 is an Australian shares ETF from Betashares, listed on the ASX since April 2024. With $37m under management it is number 60 of 81 Australian shares ETFs by size. The management fee is 0.35% a year, about $35 on every $10,000 invested, in line with the typical Australian shares ETF at 0.35%.

Over the past year it returned +1.5%, against +1.6% for the median Australian shares ETF.

G200 distributions and dividend dates

G200 pays distributions quarterly, usually going ex-distribution in January, April, July and October, with payment about 15 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.1221 per unit (353% franked), ex-distribution on 1 July 2026 and paid on 16 July 2026. To receive it you need to own G200 before the ex-date.

Its distribution yield over the past 12 months is about 1.6%, with distributions around 353% franked. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare G200 with

G200 price by TradingView

Stock CodeG200
Fund ManagerBetashares
Asset ClassAustralian shares
AUM$37m
MER (%)0.35%
Net flows (Sep)+$1.6m
Last Price$31.16
52-Week Range$28.07 – $33.43
Bid/Ask Spread0.10%
Listing Date23/04/2024
ExchangeASX
IndexNone: actively managed. See the PDS for its benchmark
Issuer websiteBetashares β†—

Performance (% return)

-4%-2%-0%2%1M-3.7%1Y1.5%3Yn/a5Yn/a
1 monthβˆ’3.7%
1 year+1.5%
3 years p.a.–
5 years p.a.–

$10,000 invested…

1 year ago$10,153

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

G200 at a glance: strengths and things to watch

πŸ‘ Strengths

  • Nothing stands out against its category.

⚠️ Things to watch

  • Small fund. With $37m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
  • Short track record. Listed in April 2024, so it hasn't been tested through a full market cycle.
  • Geared. It uses borrowing to magnify gains and losses. Over time, choppy markets can wear the value down, so it suits experienced, short-term investors.

Worked out from G200's fees, size, flows, returns and trend against the 83 Australian shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 11 Sep 2026

G200 is in a base. Here's why that matters.

G200's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 2.6% below its 12-month high.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

G200 weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Australia

Themes & Sectors

GearedActive ETFs

Portfolio Breakdown

Sector breakdown

  • Financials34.2%
  • Materials22.8%
  • Industrials7.6%
  • Consumer Discretionary7.2%
  • Health Care7.1%
  • Real Estate6.8%
  • Other3.9%
  • Energy3.7%
  • Other6.8%

Holdings from the issuer's published portfolio. Compare G200's holdings with other ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
GGBLBetashares Wealthbuilder Global Geared Complex ETF Geared–0.35%$101m+13.0%––
GEARBetashares Geared Australian Equities ETF Geared–0.80%$572mβˆ’1.2%+17.1%+8.4%
LEVRFirst Sentier Geared Australian Share Complex ETF Geared–0.95%$119mβˆ’16.6%––
GMVWVanEck Geared Australian Equal Weight Complex ETF Geared–0.35%$43mβˆ’5.9%––
VASVanguard Australian Shares Index ETF–0.07%$26.7bn+2.2%+10.8%+6.5%
A200Betashares Australia 200 ETF–0.04%$11.1bn+2.9%+11.0%+6.9%

Same holdings is the share of G200's money in companies the other ETF also holds, weighted by size. No other ETF shares much with G200, so these are ETFs in the same category. See every ETF like G200 β†’

G200 vs its closest alternatives

What actually differs between G200 and the ETFs most like it. Data to 30 Sep 2026.

GGBL Betashares Wealthbuilder Global Geared Complex ETF

  • Both charge the same fee (0.35%).
  • Over 1 year: G200 +1.5%, GGBL +13.0% (GGBL ahead by 11.4 percentage points).
  • GGBL is about 3 times larger ($101m vs $37m), which usually means tighter trading spreads.

Compare G200 and GGBL side by side β†’

GEAR Betashares Geared Australian Equities ETF

  • G200 is cheaper (0.35% vs 0.80%), worth about $29,389 on $100,000 over 20 years.
  • Over 1 year: G200 +1.5%, GEAR βˆ’1.2% (G200 ahead by 2.7 percentage points).
  • GEAR is much larger ($572m vs $37m), which usually means tighter trading spreads.

Compare G200 and GEAR side by side β†’

LEVR First Sentier Geared Australian Share Complex ETF

  • G200 is cheaper (0.35% vs 0.95%), worth about $38,671 on $100,000 over 20 years.
  • Over 1 year: G200 +1.5%, LEVR βˆ’16.6% (G200 ahead by 18.2 percentage points).
  • LEVR is about 3 times larger ($119m vs $37m), which usually means tighter trading spreads.

Compare G200 and LEVR side by side β†’

General information only. Past performance is not a reliable indicator of future performance.

G200 FAQs

What is the fee for G200?

G200 charges a management fee (MER) of 0.35% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is G200?

G200 had $37m in funds under management as at 30 September 2026.

How has G200 performed?

G200 returned +1.5% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages G200?

G200 is managed by Betashares and has been listed since April 2024.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Betashares product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.